India Finsec has made an investment of Rs 22.88 lakh in its subsidiary - IFL Housing Finance, via purchase of 2.20 lakh equity shares, face value Rs 10 each at Rs 10.40 at a premium of Rs 0.40 each through right issue on July 10, 2019.
India Finsec is an India-based non-banking financial company (NBFC). The company’s principal activities include providing finance and dealing in shares and securities. The company is engaged in the business of financing, inter corporate deposits, advancing short term loans etc.
